In Florida divorce cases, a party may be awarded a monetary judgment. Use the calculator below to calculate the accrued statutory interest on the unpaid amount that was awarded after a Final Judgment of Dissolution of Marriage was entered.
Florida Judgment Interest Calculator
Estimate post-judgment statutory interest on a Florida money judgment under Section 55.03, Florida Statutes, using the interest rates published by Florida’s Chief Financial Officer.
Partial payments (optional)
Payments are applied first to accrued interest, then to principal.
Results
| Period | Days | Rate | Daily rate | Principal | Interest |
|---|---|---|---|---|---|
| Total interest accrued |
Total interest accrued: · Total payments:
How Florida judgment interest works
Rate set by the CFO. Under § 55.03(1), the Chief Financial Officer sets the judgment interest rate each quarter (January 1, April 1, July 1 and October 1) by averaging the Federal Reserve Bank of New York discount rate for the preceding 12 months and adding 400 basis points.
Rate fixed at judgment, then adjusted each January 1. Under § 55.03(3), the rate in effect on the date the judgment is entered applies through the end of that calendar year. On each January 1 afterward the rate resets to the CFO rate then in effect, until the judgment is paid. Judgments entered before July 1, 2011 keep the rate in effect when they were entered.
Simple interest. Statutory judgment interest is simple, not compounded. The daily rate is the annual rate divided by the number of days in the year (the CFO uses 366 days in leap years).
Contract rates. A judgment on a written contract or obligation that provides its own interest rate may bear interest at that rate instead. Use the “different interest rate” option above for those cases.
View the Florida CFO statutory interest rate table used by this calculator
| Effective date | Annual rate |
|---|
Source: Florida Department of Financial Services – Judgment Interest Rates. Rates current through .
